On Jun 2, 2026, DramaK said:
For a new business, renting is best because most new businesses don't last beyond 5 years. Some don't even make it a year!
For a home, buying is generally preferable and that's because you can build equity. Even with having to do home improvements, we'll still make a good profit when we sell our house as opposed to if we had rented.
Well, there are many problems. If a business gets established, then the landlord may tell the tenant to leave the property. Under such kind of circumstances, what will the tenant do? This is one of the main reasons why many businessmen tend to buy property instead of renting them out. They may not want to leave an established business.